CimatronE series.
3D Systems has completed its acquisition of Cimatron, the leading provider of 3D digital fabrication software for manufacturing, for approximately $97 million inclusive of Cimatron’s net cash.
The integration is set to strengthen 3D Systems’ advanced manufacturing leadership reach and portfolio and extend global sales coverage and cross selling opportunities.
“Cimatron represents a perfect strategic fit for our business by providing expanded capabilities in product development, sales coverage and complementary technology,” explained Avi Reichental, President and CEO of 3DS. “We believe that this combination offers unique synergies with significant long-term customer benefits and shareholder value. We are delighted to welcome Danny Haran and his entire global team to 3DS as we complete the digital thread from design to digital fabrication.”
Used by a growing number of companies worldwide for 3D production moulds, tools and dies, Cimatron develops and distributes powerful digital fabrication software for various manufacturing applications. Cimatron’s key product lines are used in a variety of industries for functional end-use manufacturing applications. CimatronE is an integrated CAD/CAM solution for toolmakers and manufacturers whilst GibbsCAM provides a simplistic solution for programming any CNC machine tools from mills to multi-axis machines.
Danny Haran, former CEO of Cimatron, now Executive Vice President and Chief Operating Officer, Software of 3DS added: “With a 30 year track record of providing comprehensive, cost-effective solutions that streamline manufacturing cycles and shorten product delivery time, it is the perfect time to become part of 3DS where we can substantially accelerate our progress and extend our reach and impact.”
